Opinicus Capital Inc. Purchases New Stake in Vanguard Growth ETF (NYSEARCA:VUG)

Opinicus Capital Inc. purchased a new stake in Vanguard Growth ETF (NYSEARCA:VUG) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 11,432 shares of the company’s stock, valued at approximately $3,554,000. Vanguard Growth ETF comprises 3.6% of Opinicus Capital Inc.’s portfolio, making the stock its 4th largest holding.

Several other hedge funds have also added to or reduced their stakes in the company. Unique Wealth Strategies LLC bought a new position in Vanguard Growth ETF in the fourth quarter valued at about $909,000. Valmark Advisers Inc. boosted its holdings in Vanguard Growth ETF by 10.4% in the fourth quarter. Valmark Advisers Inc. now owns 7,427 shares of the company’s stock valued at $2,309,000 after acquiring an additional 699 shares during the last quarter. Addison Advisors LLC boosted its holdings in Vanguard Growth ETF by 3.5% in the fourth quarter. Addison Advisors LLC now owns 33,486 shares of the company’s stock valued at $10,410,000 after acquiring an additional 1,135 shares during the last quarter. Gilliland Jeter Wealth Management LLC acquired a new position in Vanguard Growth ETF in the fourth quarter valued at about $3,425,000. Finally, Golden State Equity Partners lifted its stake in Vanguard Growth ETF by 67.0% in the fourth quarter. Golden State Equity Partners now owns 1,905 shares of the company’s stock valued at $592,000 after buying an additional 764 shares during the period.

Vanguard Growth ETF Stock Performance

NYSEARCA:VUG traded up $5.99 during mid-day trading on Friday, hitting $335.18. The company had a trading volume of 1,437,363 shares, compared to its average volume of 1,058,254. Vanguard Growth ETF has a fifty-two week low of $246.26 and a fifty-two week high of $348.88. The business’s fifty day moving average is $338.87 and its two-hundred day moving average is $315.02. The firm has a market cap of $115.47 billion, a P/E ratio of 40.31 and a beta of 1.24.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.